* Fixed profits – the stakes vary based on the odds to ensure the same profit from each winning selection.

Fixed odds gambling tends to represent the probability as fractional odds, and excludes the stake.

Fixed odds are not necessarily presented in the lowest possible terms ; if there is a pattern of odds of 5 – 4, 7 – 4 and so on, odds which are mathematically 3 – 2 are more easily compared if expressed in the mathematically equivalent form 6 – 4.

Other important games are Football pools and Fixed Odds Betting ( forms of sports betting ), and the Ässä scratch tickets.

Fixed access: In personal communications service ( PCS ), terminal access to a network in which there is a set relationship between a terminal and the access interface.

The county leases a public terminal, but other facilities are privately owned and operated under contract by a Fixed base operator.

The airport's Fixed Base Operator is located in the terminal building midfield.

the new terminal design includes: construction of a new terminal building, installation of jet bridges, a new modern control tower, increase in aircraft apron parking positions from five to eight in phase 1 of the project and then to twelve in phase 2 ; development of a Fixed Base Operation ( FBO ); redevelopment and relocation of a new air cargo facility ; and construction of a new car park and road infrastructure network.

Fixed Wireless Terminal ( FWT ) units differ from conventional mobile terminal units operating within cellular networks – such as GSM – in that a fixed wireless terminal or desk phone will be limited to an almost permanent location with almost no roaming abilities.

One example is Fixed Wireless Access, where a wireless network is used instead of wires to connect a stationary terminal to the wireline network.

Renovations and additions to the terminal, lobby, and Fixed Base Operations ( FBO ) office were completed in 2003.

The bet forces opponents with draws to either call with insufficient pot odds, or to fold, both of which are profitable for the betting player.

Implied pot odds, or simply implied odds, are calculated the same way as pot odds, but take into consideration estimated future betting.

If the opponent is on a flush draw ( 9 / 46, approximately 19. 565 percent or 4. 11-to-1 odds against with one card to come ), the pot is not offering adequate pot odds for the opponent to call unless the opponent thinks he can induce additional final round betting from Bob if the opponent completes his flush draw ( see implied pot odds ).

For example, in the final betting round, if the pot is $ 30 and a player is contemplating a $ 30 bet ( which will give his opponent 2-to-1 pot odds for the call ), the player should bluff half as often as he would bet for value ( one out of three times ).

Gambling odds don't reflect the bookies ' belief in a likely winner, so much as the other bettors ' belief, because the bettors are actually betting against one another.

Parimutuel betting ( from the or mutual betting ) is a betting system in which all bets of a particular type are placed together in a pool ; taxes and the " house-take " or " vig " is removed, and payoff odds are calculated by sharing the pool among all winning bets.

Parimutuel betting differs from fixed-odds betting in that the final payout is not determined until the pool is closed – in fixed odds betting, the payout is agreed at the time the bet is sold.

Thomas ' genius was in figuring out the odds on almost any proposition and heavily betting that way.

It may be appropriate to explain Bayes ' theorem to jurors in odds form, as betting odds are more widely understood than probabilities.

Fixed-odds betting is a form of wagering against odds offered by a bookmaker, an individual, or on a bet exchange.

This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on.

Decimal odds are also favoured by betting exchanges because they are the easiest to work with for trading.

* The opponent's betting pattern suggests the opponent may have a drawing hand and the bluff provides unfavorable pot odds to the opponent for chasing the draw.

If a player bluffs too infrequently, observant opponents will recognize that the player is betting for value and will call with very strong hands or with drawing hands only when they are receiving favorable pot odds.

The odds of a horse are set by the market conditions of the betting exchange which is dictated to by the activity of the members.

In 1996 Patrice Leconte made Ridicule which depicted a court already at odds with its nobles and in terminal decline.

Other miracles might be: survival of a terminal illness, escaping a life threatening situation or ' beating the odds '.

Insurers use actuarial methods to calculate appropriate premiums, which is similar to calculating gambling odds.

It is customary with fixed-odds gambling to know the odds at the time of the placement of the wager ( the " live price "), although this category also includes wagers whose price is determined only when the race or game starts ( the " starting prices ").

In the UK, on-track bookies still mark up the odds on boards beside the race course and use tic-tac or mobile telephones to communicate the odds between their staff and to other bookies, but, with the modernisation of United Kingdom Bookmaking laws, online and high street gambling are at an all-time high, with a so-called Super Casino having been planned for construction in Manchester prior to the government announcing that this plan had been scrapped on 26 February 2008.

Behind the racial attitudes being instigated by the media was a major investment in gambling for the fight with 10-7 odds in favor of Jeffries.

Pharo, the English alternate spelling of Pharaoh, was easy to learn, quick and, when played honestly, the odds for a player were the best of all gambling games, as records Gilly Williams in a letter to George Selwyn in 1752.

In gambling, the odds on display do not represent the true chances that the event will occur, but are the amounts that the bookmaker will pay out on winning bets.

Profiting in gambling involves predicting the relationship of the true probabilities to the payout odds.

Another type of bribery done for financial gain through gambling is to bet against a clear favorite, and ensure that the favorite has an " off day ", or attempt to " hop up " a long shot in an attempt to collect big winnings by betting on the heavy odds against it.

A new soccer gambling page was also launched, with information on current odds.

Such actions will invariably affect odds and point spreads even if there is no contact whatsoever between teams and the relevant gambling interests.

He had the ability to recite the spelling and definition of all of the words in the dictionary and apparently shared a penchant and interest for calculating odds while gambling as Ungar did.

In gambling a Dutch book or lock is a set of odds and bets which guarantees a profit, regardless of the outcome of the gamble.

In the world of gambling, knowing a secret which is not priced into the odds gives a significant advantage, which may give rise to a perception of cheating.

* In gambling, an overlay is where the bettor thinks the odds given are too generous

In recent years, provinces have started offering odds on college basketball and college football, much to the annoyance of the NCAA and others who would prefer to keep gambling out of amateur sport.

* Using auxiliary devices ( in Nevada ): In Nevada casinos, using any device which helps to forecast the odds or aid in a legitimate strategy such as card counting is regarded as cheating * such devices have been outlawed due to the unique ability of Nevada's large gambling industry to influence legislation.

The highest prevalence of problem gambling was found among those who participated in spread betting ( 14. 7 %), fixed odds betting terminals ( 11. 2 %) and betting exchanges ( 9. 8 %).

Early reports tended to be an advertisement for a scheduled match or else a brief discussion of the gambling odds rather than the actual play.